Some are BK with good payment records at present presumably because the trustee is making the payments, the majority of others have been sporadic payers.As an example, I see a note with a low UPB of approx $15,000 payoff with a low LTV of approx 25% at a rate of approx 14% that is in a rural area. 

They are presented in an educational format and each one is like a short course on different strategies used by the guests.Start learning your market.  

Make sure it's all documented so you can present a case to the board if you need to appeal and rule violations.

Having it on your hip presents a new set of issues.

Any offer you or your agent presents needs to be accompanied with a pre-qual letter anyway so getting your financing squared away first gives you the ability to pounce on a property that interests you when that time comes.2.

I look forward to connecting with a local wholesaler see what those margins present and get to know other BP members (or REAPS) at a meet-up. 

I have been involved with both sides of the arena as a contractor on the construction and renovation side from 1982-2004 in Michigan in a family owned business and then travelled throughout the united states working for both owner managed and third party managed portfolios from 2004-present.

I use Digital Ocean ($5/mo VMs) for various customers.Rogerabout.me/roger.rustad

In real life. when I present the partnership option, they go for the straight seller financing at $100K.  

Many of the worst loans; negative amortized, balloon payment loans, etc were presented as viable  loans to people who could not afford them.